SOURCE: Industrial Info Resources

Industrial Info Resources

June 26, 2015 06:00 ET

Corpus Christi Economy Booming, Despite Soft Oil Prices, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Jun 26, 2015) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- Doom-and-gloom predictions following the collapse of oil prices in late 2014 have not come to pass, at least not yet and not in Corpus Christi, Texas. As West Texas Intermediate (WTI) prices have stabilized around $60 per barrel, roughly 45% below last year's peak, oil & gas production from the Eagle Ford Shale region has dipped only slightly, according to the U.S. Energy Information Administration (EIA) (Washington, D.C.). Industrial Info is tracking 63 active industrial projects in and around Corpus Christi valued at about $20.3 billion.

Within this article: Update on projects in Corpus Christi.

Additional companies: Cheniere Energy Incorporated (NYSE: LNG), Halliburton Corporation (NYSE: HAL).

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

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